COINTEGRATION, ERROR CORRECTION, AND THE MEASUREMENT OF OLIGOPSONY CONDUCT IN THE U.S. CATTLE MARKET
Panagiotou, Dimitrios
2005

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Abstract

US cattle producers often claim that cattle prices are below competitive levels. In this paper, short-run and long-run oligopsony conduct is estimated by utilizing an oligopsony dynamic model. Results of time-series analysis indicate that the hypothesis of competitive conduct in the short-run and in the long-run cannot be rejected.

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Title COINTEGRATION, ERROR CORRECTION, AND THE MEASUREMENT OF OLIGOPSONY CONDUCT IN THE U.S. CATTLE MARKET
Author(s) Panagiotou, Dimitrios
Subject(s)
Issue Date 2005
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.19201
Record Identifier https://ageconsearch.umn.edu/record/19201
PURL Identifier http://purl.umn.edu/19201
Language English
Total Pages 40
Series Statement Selected Paper 137146
Record Appears in Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 2005 Annual meeting, July 24-27, Providence, RI

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